The Securities and Exchange Commission has urged stakeholders in pension fund management to embrace non-interest finance products, highlighting its potential for the economy.
According to a statement from the SEC on Wednesday, Yuguda said that the pension industry is one of the fastest-growing sectors in the nation’s economy with assets under management of N13tn as of the end of September 2021.He said, “This calls for more innovative financial products to deepen our market and sustain the growth in the industry, especially in the non-interest segment.
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